The global organobromine market, along with its end products, has witnessed significant growth over the past few years; and this growth is estimated to increase in the coming years. Organobromine is a brominated organic compound. Organobromines compounds such as Tetrabromobisphenol-A, Hexabromocyclododecane, and bromodiphenyl ethers are used as flame retardants in many industries. Ethylene and methyl bromides are used as fumigants in the agriculture industry. Bromoform and dibromodimethylhydantoin organobromine biocides are used in water treatment applications. These biocides prevent the growth of algae, bacteria, and other microorganisms in water.

The rising demand for flame retardants due to stringent fire safety regulations; the growing demand from the electronics and automotive industries; and the expanding ship-building industries, among others, are some of the key factors driving the growth of the global organobromine market. The consumption of flame retardants is increasing across the globe. Furthermore, drugs containing organobromine ingredients are used for treating pneumonia and cocaine addiction. Flame retardants are the largest application of organobromine. These applications are also responsible for the growth of the global organobromine market.

Considerable amount of investments have been made by various market players to serve the end-user applications industry in the near future. The Asia-Pacific region in the organobromine market accounted for about 45.0% share of the total market revenues in 2014. This can be attributed to the increasing consumption of organobromine compounds in automotive, water treatment, electronics, and fine chemicals industries.

This study basically aims to estimate the global market for organobromine for 2014 and to project its demand till 2019. This market research study provides a detailed qualitative and quantitative analysis of the global organobromine market. Various secondary sources such as encyclopedia, directories, industry journals, and databases have been used to identify and collect information useful for this extensive commercial study of the global organobromine market. The primary sources – experts from related industries and suppliers - have been interviewed to obtain and verify critical information, as well as to assess the future prospects of organobromine.

Competitive scenarios of the top players in the global organobromine market have been discussed in detail. The leading players of this industry have been profiled, along with their recent developments and other strategic industry activities. The key players of the market include Albemarle Corp. (U.S.), Israel Chemical Ltd. (Israel), Chemtura Corporation (U.S.), Sanofi S.A. (France), Jordan Bromine Company (Jordan), Tetra Technologies (U.S.), Tosoh Corporation (Japan), Morre-Tec Industries (U.S.), and Tata Chemicals Ltd. (India), among others.

Scope of the Report:

This research report categorizes the global organobromine market on the basis of application and geography, along with forecasting volume, value, and analyzing trends in each of the sub-markets.

Organobromine is a very important ingredient for making dyes and in the pharmaceutical industries. The demand for organobromine is primarily driven by the growth in these end-user industries. The global scenario reveals that the application of organobromine in the pharmaceutical industry is growing at a very rapid pace. This is expected to boost the growth of the global organobromine market in the coming years.

Organobromine compounds are used in flame retardants and biocides. Some of the organobromine derivatives are used for water treatment applications in the pool & spa and water industries. Organobromine derivatives reduce the formation and growth of algae, bacteria, and odor in water. Moreover, organobromine compounds are used in manufacturing dyes. Organobromines are also used as intermediates for preparing pharmaceuticals such as hypnotics, anticonvulsants, and sedatives.

The global organobromine market was valued at $2.84 billion in 2014 and is projected to reach $3.99 billion by 2019, at a CAGR of 6.9% during the period under consideration. The maximum demand for organobromine in 2014 came from the flame retardant application segment. This segment covered 70% of the overall market for organobromine in 2014. In terms of consumption, the global organobromine market recorded a volume of 844.1 KT in 2014. The Asia-Pacific region is the largest market for organobromine, globally, as of 2014.

The rising demand for flame retardants due to stringent fire safety regulations; the growing demand from the electronics and automotive industries; and the expanding ship-building industries, among others, are some of the key factors driving the growth of the global organobromine market. The consumption of flame retardants is increasing across the globe. Furthermore, drugs containing organobromine ingredients are used for treating pneumonia and cocaine addiction. Flame retardants are the largest application of organobromine. These applications are also responsible for the growth of the global organobromine market.

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